Quote:
Originally Posted by cellsafemode
car manufacturers also have to compete with buyers opting instead to buy used or not at all and just take uber and taxi's. And they are fighting for money their consumers have less and less of because everything else is expensive.
So the msrp has pressure and there is competition from that avenue. It's not just an oligopoly of sorts where the price can be raised simply because there's potentially more money on the table.
i dont see msrp raising due to a tax credit existing. That wouldn't explain the rising average car price for non-ev vehicles which increases at times faster than inflation as well. Instead what we are seeing is ever increasing non-optional options being tacked on to vehicle purchase to drive up base line costs and the lack of stocking any base trim versions of vehicles to pad dealership profits as well. And that is happening to all vehicles regardless of power source.
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Just add the tax credit to the laundry list of factors that keep the prices rising.
We hear a lot of all the benefits of EVs saving the consumer money on maintenance items...no exhaust system, no cooling system, fewer overall parts and increased ease of assembly, etc. etc..Sounds great for the manufacturers saving all the related expenses.
Doesn't seem to have been passed down to the consumer at all, though. Probably never will be. EV's will have a monopoly soon enough. With government mandates, intervention and regulations any reasons to save the consumer any money by "competing" (lol) are getting fewer and fewer.